If two leading trade journals are any indication, the advertising industry is suffering from a severe case of manic depression.
On the one hand, there's The Delaney Report (TDR), which humbly bills itself as 'the international newsletter for marketing, advertising and media executives'. TDR just ran a lead story entitled, 'We'll Take It from Here.' The text provides a sobering report about inroads being made across the board by public relations. “No longer is it uncommon to have a PR agency compete for a client's services (PR, digital, advertising and direct) versus a traditional advertising agency.” TDR says, “PR is now in the sweet spot of a company's marketing plans.” Nice. Very nice.
Unfortunately, though, TDR then dives deep into PR's gains in social media and corroborates its thinking with observations from the heads of three PR holding companies: Harris Diamond of Weber, Gary Stockman of Porter and Ken Luce of H&K. Now, I could be wrong, but I'll bet an annual subscription to TDR (a damned pricey proposition, BTW), that none of these three, old white guys personally blogs, tweets, posts comments, podcasts or does anything else that would remotely resembles engaging in social media. Asking these three for their views on social media is akin to asking a couch potato what it's like to compete in a 230-mile cycling race. “Tough, dude. Very tough.” C'mon TDR, show some journalistic chops, dig a little deeper and interview PR executives who actually walk the talk.
And, now, for something completely different, take a gander at another ad industry trade: Michael Wolff's supercharged revamp of AdWeek, which calls itself 'The Voice of Media.' Methinks this particular voice suffers from laryngitis.
How else to explain its love fest with all things advertising? You'd never know traditional advertising is staggering like some drunken sailor on shore leave. Or, that other disciplines such as PR and interactive are stealing away market share faster than you can say land grab.
Instead, AdWeek's pages are an unapologetic homage to the 30-second TV spot (ugh) and mainstream TV advertising in general (Yuck. What's become of one-on-one marketing and engaging in a conversation with customers?). There are even photographic retrospectives of Doyle Dane Bernbach's and McCann-Erickson's offices from the halcyon days of the 1960s (should PR Week retaliate with a photo essay of, say, the Lobsenz-Stevens offices of the mid-1980s featuring an adolescent wunderkind named Edward Aloysius Moed?).
Like just about everything else, I suspect the truth about advertising's massive struggle to reinvent itself lies somewhere in-between TDR's doom-and-gloom report and AdWeek’s sunshine-and-roses tome.
I'd suggest readers view the two the way I do The Wall Street Journal and The New York Times and Fox News and MSNBC, respectively (absorb the extreme POVS of each, realizing the truth lies somewhere in the midst of the murkiness).
In the meantime, though, a quick note to the big agency PR guys: I'm happy to issue an apology if you fellas actually do engage in social media.